803 Main StGlen Ellyn, IL 60137

  • Retail space
  • 4,017 SF
For Lease
$21/SF/YR View listing

Property Details for 803 Main St

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.38 AC
Property size (Sq ft)
4,017 SF
Zone code
C
Property type
Retail space
APN
05-02-419-036
APU
502419036

Description

This exceptional retail opportunity is located at 803 Main Street in Glen Ellyn, Illinois, 60137. The property is a 5,400 square foot strip center with ample parking (23 spaces) and is situated at the signalized corner of Main and Elm Streets, offering excellent visibility and accessibility. Currently, 2,520 square feet of retail space is available for lease. This space was previously occupied by a 7-Eleven, providing a ready-made layout and infrastructure. The property is zoned C2, allowing for a variety of retail or medical uses. The location benefits from its proximity to downtown Glen Ellyn, Pennsylvania Avenue, and Crescent Boulevard, ensuring high foot traffic and convenient access for customers. The surrounding neighborhood is characterized as beautiful, suggesting a strong local clientele. This is a rare opportunity to secure a well-located retail space in a thriving community. The property offers a strong foundation for a successful business venture, with its high visibility, convenient location, and ample parking. Don't miss this chance to establish your business in this desirable Glen Ellyn location. The available space is 2,520 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,066,216
    6.5%
    $984,199
    7%
    $913,899
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,027,703
    Geo Method
    $1,318,500
  • Alternative Use

    Use
    Valuation
    Residential
    $830,209
    Hospitality
    $760,467
    Educational
    $632,700
    Medical
    $654,459
    Retail
    $984,199

Location Insight

City
Glen Ellyn
County
Dupage
State
Illinois
Latitude
41.889
Longitude
-88.0637
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,633
$58,670
$161,050
$219,720
-
$176,010
$483,150
$659,160

FAQs

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